Hey folks, this is a teachable moment. Democrats just introduced a new bill. It tells you everything

you need to know about them. Democrats, racial and economic equity act would require the federal

reserve to enforce quotas throughout the entire U.S. economy. Now, under this act, the feds would

have to devise policies to minimize and eliminate racial disparities in employment, wages, and wealth.

The fed will also have to prevent disparities in access to affordable credit. Now, the Senate

sponsors of this race-based monstrosity are Elizabeth Warren, Fokahatus, and Kirsten Gillibrand,

in the House, the bill is sponsored by Maxine Waters. Now, instead of dealing with the nation's

money supply, keeping watch on inflation, interest rates, and all that, the federal reserve

would be transformed into an all-powerful social justice enforcement agency. Using racial fairness

as a cover, Democrats want to give the fed a new mission, to force banks and financial markets

to adopt the radical left socialist agenda. They want centralized control over the economy without

checks and balances from Congress or the executive branch. Now, the bill won't get past the

Republican Senate or President Trump. But if a Democrats regain power, the enactment of this thing

could be a virtual certainty. This is all out and out Marxism. It's anti-free market. It would

mean the end of American prosperity. That's why Democrats love it. That's why they want it.